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InfoResearchPeer-reviewed

Insights from Simulation Exercises on Strengthening Cyber Risk Governance

Published
Record updated

Summary

Researchers examined how boards and executives make cyber risk decisions, drawing on more than 1,800 simulation exercises and executive interviews. They found that decision quality falls sharply as threat complexity rises. The study identifies four managerial heuristics for strengthening cyber resilience: faster adaptation, iterative learning, business-wide responsibility for cyber risk, and proactively building capabilities.